Answer:
<u>1. Johann is looking to double the profits of his lemonade stand</u>
Explanation:
Note that Johann was<em> still making m</em>oney from lemonade stand but was not content with the profits he was making that was his argument or reason for increasing the price of a cup of lemonade from 25 cents to 50 cents.
<em>Without having forsight</em> Johann's decision eventually resulted in him selling fewer cups at the new price and therefore making less money than before.
Explanation:
Net purchases= Gross purchases- Returned inventory- Discount on purchases
= $10,300- $800- $360= $9,140
Ending inventory= Beginning inventory+ Net purchases- Cost of goods sold
Cost of goods sold= Beginning inventory+ Net purchases- Ending inventory
= $46,000+ $9,140- $34,500= $20,640
Check the attached file for the solution. The answer is 10 years.
Answer:
The above pic might help you :)
Answer:
<u>Customer satisfaction</u>
Explanation:
Remember, we are told the CEO, Homiah Losyl wants "everyone...to step in and help" their customers. In other words, he puts his customer's satisfaction first above the roles of employees.
Hence, this type of marketing concept is channeled towards meeting the customer's expectations and feelings, by asking: what I can do to better satisfy my customers?
